Govt launches Rs 4.3-cr contest to develop tech merchandise utilizing indigenous microprocessors

New Delhi, August 18

The Ministry of Electronics and IT on Tuesday launched a Rs 4.3-crore contest for the event of know-how merchandise utilizing microprocessors developed by IIT Madras and CDAC.

IIT Madras and the Centre for Development of Advanced Computing (CDAC) have developed two microprocessors named SHAKTI (32 bit) and VEGA (64 bit), respectively, utilizing open-source structure which will probably be made accessible for the competition.

Electronics and IT Minister Ravi Shankar Prasad launched the ‘Swadeshi Microprocessor Challenge – Innovate Solutions for Aatmanirbhar Bharat’ to offer additional impetus to the robust ecosystem of start-ups, innovation and analysis within the nation, the ministry stated in a press release.

This is the third know-how contest inside this fiscal 12 months for the event of indigenous know-how.

The earlier two contests had been for the event of indigenous video conferencing options, in addition to apps in varied classes.

“‘Swadeshi Microprocessor Challenge- Innovate Solutions for #Aatmanirbhar Bharat’ seeks to invite innovators, start-ups and students to use these microprocessors to develop various technology products,” the assertion stated.

The contest goals at not solely assembly India’s future necessities of strategic and industrial sectors but in addition has the potential to mitigate the problems of safety, licensing, know-how obsolescence and most crucially slicing dependency on imports.

The contest will culminate in June 2021.

The assertion stated 100 semi-finalists will get to win a complete prize of Rs 1 crore, 25 finalists whole of Rs 1 crore and the highest 10 groups coming into the finale will get seed funds totalling Rs 2.Three crore and 12 months incubation help.

“Open to students at all levels and start-ups, the Challenge demands contestants to not only tinker with these Swadeshi Processor IPs and facilitate them with innovating the frugal solutions for societal needs but also make available the entire home-grown ecosystem around Swadeshi Processors to develop the complex designs for catering to both global and domestic requirements in near future,” it stated. PTI

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